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Why it's good to be a Goodyear shareholder

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For the seventh consecutive quarter, directors of the Goodyear Tire & Rubber Co. have declared a quarterly dividend of 73.44 cents per share of mandatory convertible preferred stock.

The dividend is payable April 1, 2013, to shareholders of record on March 15, 2013. The payout represents an annual rate of $2.9375 per share.

Goodyear recorded net income of $212 million on net sales of $21 billion for its fiscal year ended Dec. 31, 2012. For more on Goodyear's full-year and 4Q financial results, click here.

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